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Construction of abatement cost curves: The case of F-gases

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  • Halkos, George

Abstract

Most of scientific research on Greenhouse Gases (GHG) focuses on CO2 emissions. But non-CO2 gases (mainly F-gases in the form of HFCs, PFCs, and SF6) are more potent at trapping heat within the atmosphere. Currently, F-gases constitute a small proportion of GHG emissions but they are extremely high Global Warming Potential gases. At the same time, they are expected to increase massively due to the expansion of some emitting industries, while the atmospheric lifetimes of PFCs and SF6 are very long. This study analyzes the economic and technical assumptions in abatement cost calculation in the case of the F-gases. The important factors for differences among countries in average mitigation costs are discussed and the least cost curve of F-gases control for the EU-27 and for the year 2020 is derived. It seems that it is more cost-effective to start abating SF6 first, and then moving to PFCs and then applying control methods to HFCs.

Suggested Citation

  • Halkos, George, 2010. "Construction of abatement cost curves: The case of F-gases," MPRA Paper 26532, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:26532
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    References listed on IDEAS

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    1. John Reilly & Marcus Sarofim & Sergey Paltsev & Ronald Prinn, 2006. "The Role of Non-CO2 GHGs in Climate Policy: Analysis Using the MIT IGSM," The Energy Journal, , vol. 27(3_suppl), pages 503-520, December.
    2. Deborah Ottinger Schaefer, Dave Godwin, and Jochen Harnisch, 2006. "Estimating Future Emissions and Potential Reductions of HFCs, PFCs, and SF6," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 63-88.
    3. Halkos, George, 1993. "An evaluation of the direct costs of abatement under the main desulphurisation technologies," MPRA Paper 32588, University Library of Munich, Germany.
    4. George Halkos & John Hutton, "undated". "Acid Rain Games in Europe," Discussion Papers 93/12, Department of Economics, University of York.
    5. de la Chesnaye, Francisco & Harvey, Reid & Kruger, Dina & Laitner, John A. Skip, 2001. "Cost-effective reductions of non-CO2 greenhouse gases," Energy Policy, Elsevier, vol. 29(14), pages 1325-1331, November.
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    Citations

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    Cited by:

    1. Halkos, George & Kevork, Ilias & Galani, Georgia & Tzeremes, Panagiotis, 2014. "An analysis of long-term scenarios for the transition to renewable energy in Greece," MPRA Paper 59975, University Library of Munich, Germany.
    2. Halkos, George, 2014. "The Economics of Climate Change Policy: Critical review and future policy directions," MPRA Paper 56841, University Library of Munich, Germany.
    3. George Halkos & Nickolaos Tzeremes & Panayiotis Tzeremes, 2015. "A nonparametric approach for evaluating long-term energy policy scenarios: an application to the Greek energy system," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 4(1), pages 1-14, December.
    4. Halkos, George & Polemis, Michael, 2016. "Examining the impact of financial development on the environmental Kuznets curve hypothesis," MPRA Paper 75368, University Library of Munich, Germany.
    5. George HALKOS & Georgia GALANI, 2014. "Cost Effectiveness Analysis in Reducing Nutrient Loading in Baltic and Black Seas A Review," Journal of Advanced Research in Management, ASERS Publishing, vol. 5(1), pages 28-51.
    6. Halkos, George & Tzeremes, Nickolaos, 2012. "Regional economic growth and environmental efficiency in greenhouse emissions: A conditional directional distance function approach," MPRA Paper 40015, University Library of Munich, Germany.
    7. Halkos, George & Tzeremes, Nickolaos & Kourtzidis, Stavros, 2014. "Abating CO2 emissions in the Greek energy and industry sectors," MPRA Paper 60807, University Library of Munich, Germany.
    8. Halkos, George & Tzeremes, Nickolaos, 2013. "An additive two-stage DEA approach creating sustainability efficiency indexes," MPRA Paper 44231, University Library of Munich, Germany.
    9. Halkos, George, 2013. "Uncertainty in optimal pollution levels: Modeling the benefit area," MPRA Paper 47768, University Library of Munich, Germany.
    10. Halkos, George & Bampatsou, Christina, 2016. "Investigating the effect of efficiency and technical changes on productivity," MPRA Paper 76287, University Library of Munich, Germany.

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    More about this item

    Keywords

    F-gases; control methods; emissions; GWP;
    All these keywords.

    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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